Cheap Homes for Rent in Southwest Santa Fe Neighborhood of Santa Fe, NM from $1,300 (15 Rentals)

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Search the lowest-cost Homes available for rent right now in the Southwest Santa Fe area of Santa Fe.

property at 2501 W Zia Rd

$1,475 - $1,850

1 To 2 Bedroom Rentals

Available Now

2501 W Zia Rd

Santa FeNM87505

What Does “Rent Burdened” Mean? How Much Rent Is Too Much

Learn the official definition (spending 30% or more of your gross income on housing) and how to calculate your exact rent-to-income ratio. This guide offers expert tips on factoring in total housing costs (including utilities and fees) and budgeting accurately to avoid unnecessary financial strain.

property at 941 Calle Mejia

$1,795

Total Monthly Price

Total Monthly Price

Base Rent
$1,795

Total Monthly Price
$1,795

1 Bedroom, 1 Bath Condo for Rent

Available Now

941 Calle Mejia, Unit 1611

941 Calle Mejia
Santa FeNM87501

Your Guide to Co-Signers: The Risks, Rewards, and Everything in Between

Thinking about getting a co-signer for your rental application? We break down what a co-signer is, the potential benefits, and the serious risks for both parties. Find out if it's the right choice for you.

property at 941 Calle Mejia

$1,850

Total Monthly Price

Total Monthly Price

Base Rent
$1,850

Total Monthly Price
$1,850

2 Bedroom, 2 Bath Condo for Rent

Available Aug 1

941 Calle Mejia, Unit 508

941 Calle Mejia
Santa FeNM87501
property at 941 Calle Mejia

$1,600 - $2,000

1 To 2 Bedroom Rentals

Available Now

941 Calle Mejia

Santa FeNM87501

Cash or credit? Understanding the Importance of Credit Score in Real Estate and Renting

Discover how your credit score impacts your ability to lease or buy a home. Learn how credit scores are determined, how to check yours, and strategies to improve it for real estate success.

Southwest Santa Fe, Santa Fe, NM Local Guide

Cheapest Available Southwest Santa Fe Apartments for Rent

 

The cheapest available apartment rental in the Southwest Santa Fe area of Santa Fe, NM is a 2 Beds unit found at Cresta Ranch Apartments priced from $738. Casitas Del Bella has the second lowest priced unit, which is a Studio apartment currently listed from $925. Here are the most affordable Southwest Santa Fe apartments for rent in Santa Fe, NM:

Apartment ListingModel NameBed/BathPriced From
Cresta Ranch ApartmentsTwo Bedroom - 30% AMI2BR,2BA$738
Casitas Del BellaEfficiency w/ stove topStudio,1BA$925
Sierra Blanca Senior LivingStudioStudio,1BA$1,100
Vista Alegre ApartmentsStudio, 1 BathStudio,1BA$1,176
Elevate at OsloStudio - 325Studio,1BA$1,325

Best Value Apartments for Rent in Southwest Santa Fe, NM

As of June 17, 2026 the best value apartment in the Southwest Santa Fe area is the $1.82 price per square foot 4 Bedroom 2 Bathroom Model at The Bluffs at Tierra Contenta in the in the Tiempo Lindo neighborhood starting from $2,399. The second greatest value Southwest Santa Fe apartment is the 2/2 Model at Don Diego starting at $1,900 with a $1.90 price per square foot in the Arroyo Chamiso neighborhood. Here is today’s list of the best values for Southwest Santa Fe apartments based on price per square foot:

Apartment ListingModel NameBed/BathPrice Per Sq.Ft.
The Bluffs at Tierra Contenta4 Bedroom 2 Bathroom4BR,2BA$1.82
Don Diego2/22BR,2BA$1.90
Local 18962x1AR1T2 - 2X1 Renovated2BR,1BA$1.91
Cresta Ranch ApartmentsTwo Bedroom - 80% AMI2BR,2BA$2.08
Altitude at VizcayaManzano1BR,1BA$2.29
Turquesa1A1BR,1BA$2.25
South MeadowsRio Chama1BR,1BA$2.27
Evergreen Apartments1x1-B1BR,1BA$2.03
Vista Linda1 Bedroom | 1 Bath1BR,1BA$2.19
VizcayaCarlsbad1BR,1BA$2.27

Don't Settle: How to Negotiate Your Apartment Lease and Save Money

Discover the insider tips from an attorney and real estate agent on how to negotiate your next apartment lease. Find out what's on the table and what's not, so you can save money and get the best terms possible.

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Real Estate and Rental Term Glossary | ApartmentHomeLiving.com Renter University

From the letter A all the way to the letter Z, the Real Estate and Rental Term Glossary from the content team at ApartmentHomeLiving.com provides our visitors and shoppers with a little clarity and helpful guidance in navigating the real estate world through definitions and explainers for the top subjects and terms that someone may come across during the leasing, buying, or selling process.

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Quick Rent Budget Calculator

How much rent can you afford?

The common "Rule of Thumb" is that rent should be no more than 30% of your income. How much is that? Enter your monthly income and click "Calculate My Budget" to find out.

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Pet Friendly Lifestyle
Southwest Santa Fe, Santa Fe, NM

Ranked #1

Among cities in New Mexico for Apartment listings with Pet Friendly Amenities.

Pet Friendliness Lifestyle Score

4.0
Pet Friendly

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Frequently Asked Questions about Southwest Santa Fe

What type of rentals are currently available in Southwest Santa Fe?

There are currently 108 Apartments for Rent in Southwest Santa Fe, NM with pricing that ranges from $738 to $3,900. There are also 56 Single Family Homes for rent, Condos, and Townhome rentals currently available in Southwest Santa Fe ranging from $1,395 to $4,800.

What is the current price range for Rental Homes in Southwest Santa Fe?

Today's rental pricing for Homes for Rent, Condos and Townhomes in Southwest Santa Fe ranges from $1,395 to $4,800 with an average monthly rent of $2,533.

How much are larger Three and Four Bedroom Rentals in Southwest Santa Fe?

For those who are looking for larger living arrangements, Three Bedroom Apartments in Southwest Santa Fe range from $853 to $3,900, while Three Bedroom Homes, Condos, and Townhomes for rent range from $2,200 to $4,800. Four Bedroom Single-Family rentals are also available starting from $3,000 and Four Bedroom Apartments start at $2,399.

Expert Rental Resources

The rental experts at ApartmentHomeLiving.com provide you with top advice, tools, and tips for understanding the leasing process and finding the perfect rental. Here are a few helpful rental and leasing articles from our experts to guide you on your search.

Articles, How-To's, and Tips

decorative image for How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide article

How I Find the Perfect Rental for My Clients: A Real Estate Pro's Guide

Written by: Robin Stewart

Evaluating rental properties for clients draws many parallels to house-hunting. Whether an apartment, loft, townhouse, or other rental, finding the right place means finding “home” for your client.

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Pet-Friendly Renting: Everything You Need to Know Before You Move

Written by: Christine Leonard, Esq.

For so many of us, pets are the best companions and a big part of our lives. For this reason, a pet-friendly house or apartment is often a very important - and nonnegotiable - part of a move.

decorative image for Creative Ways Developers Reimagine Retail Spaces as Residential Units  article

Creative Ways Developers Reimagine Retail Spaces as Residential Units

Written by: Robin Stewart

Adaptive reuse is when a commercial property is converted and repurposed. The real estate industry has embraced a growing number of these projects.

decorative image for Neighborhood and Market Insights: How to Choose the Right Area to Rent   article

Neighborhood and Market Insights: How to Choose the Right Area to Rent

Written by: Robin Stewart

Apartment-hunting can be a gargantuan task. Renters have a wish list of items—some luxuries, some necessities—but finding what you seek in the right place is perhaps the most important part of the journey.